Deceitful Contractors' Well-Rehearsed, Predatory Practices Exploit Tornado Victims
Tornadoes often leave behind untold numbers of people left with the daunting task of rebuilding. Unfortunately, as the rebuilding begins, deceitful contractors descend on the region looking to make a quick buck off victims. Homeowners, undergoing the stresses and strains common after losing a home, often fall prey to these well-rehearsed predatory schemes, slowing the recovery process.
The National Insurance Crime Bureau is the nation’s leading not-for-profit organization dedicated to fighting insurance fraud, and we’ve been doing this for more than a century.
We are asking for your help in informing your audience about post-disaster contractor fraud. These 30 and 60-second PSAs, available for both television and radio, and in English and Spanish, are intended to raise awareness and inform hurricane victims how to identify contractor fraud and best practices for selecting a contractor.
According to our analysis, fraud accounts for about 5-to-10 percent of all insurance claims filed. With that in mind, following the tornadoes in December 2021 through six states in the Midwest and South, there was an estimated $5 billion in insured losses. Of this, approximately $250 to $500 million of claims paid could be attributable to insurance fraud.
We trust you will find these PSAs beneficial for your audience and air them as time permits.
For more information on contractor fraud, please contact Tully Lehman via phone (925-758-0744) or email (tlehman@nicb.org).
Best regards,
Chris Stroisch
Vice President, Public Affairs and Communications
847-450-9814
cstroisch@nicb.org